Tanzania Economic Update : Opening the Gates - How the Port of Dar es Salaam Can Transform Tanzania

The wide media coverage of the series as well as the interest in the blog show that the debate has been gradually moving from ministerial corridors to the public arena. This latest update foresees that the Tanzanian economy will maintain its resili...

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Bibliographic Details
Main Author: World Bank
Format: Economic Updates and Modeling
Language:English
en_US
Published: Washington, DC 2014
Subjects:
CPI
GDP
M3
OIL
TAX
Online Access:http://documents.worldbank.org/curated/en/2013/05/17718467/tanzania-economic-update-opening-dates-port-dar-es-salaam-can-transform-tanzania
http://hdl.handle.net/10986/16549
id okr-10986-16549
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO CAPITAL
ACCOUNTING
AGRICULTURAL COMMODITIES
AGRICULTURAL PRODUCTION
AGRICULTURE
ANNUAL GROWTH
ARREARS
ASYMMETRIC INFORMATION
BALANCE OF PAYMENTS
BANK POLICIES
BANKING SYSTEM
BILATERAL TRADE
BILLS
BROAD MONEY
BUFFER
CAPITAL ACCOUNT
CAPITAL FLOWS
CAPITAL GOODS
CAPITAL INFLOWS
CENTRAL BANK
CENTRAL BANK POLICIES
CLIMATIC CONDITIONS
COMMERCIAL BANKS
COMMERCIAL BORROWING
COMMODITY PRICES
COMPETITIVE EDGE
COMPETITIVENESS
CONSUMER GOODS
CONSUMER PRICE INDEX
CONSUMERS
CONSUMPTION BASKETS
CPI
CREDIT GROWTH
CREDIT GUARANTEES
CULTIVABLE LAND
CURRENCY REGULATIONS
CURRENT ACCOUNT
CURRENT ACCOUNT BALANCE
CURRENT ACCOUNT DEFICIT
CURRENT ACCOUNT IMBALANCE
DEBT
DEBT LEVEL
DEBT MANAGEMENT
DEBT POLICY
DEBT SERVICE
DEBT SUSTAINABILITY
DEBT-SERVICE
DEBTS
DEFICITS
DEPOSITS
DEVALUATION
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DISBURSEMENT
DISEQUILIBRIUM
DIVIDENDS
DOMESTIC BORROWING
DOMESTIC CONSUMPTION
DOMESTIC DEMAND
DOMESTIC ECONOMY
DOMESTIC FINANCIAL MARKETS
DOMESTIC MARKET
DOMESTIC SAVINGS
ECONOMIC ACTIVITY
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC OUTLOOK
ECONOMIC PERFORMANCE
ECONOMIC PROJECTIONS
ECONOMIC RISKS
ECONOMIC SECTORS
ECONOMIC STABILITY
ECONOMIC THEORY
ECONOMIES OF SCALE
EMERGING ECONOMIES
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATES
EXCISE TAXES
EXIT STRATEGY
EXPENDITURE
EXPLOITATION
EXPORT GROWTH
EXPORTERS
EXPORTS
EXPOSURE
EXTERNAL BALANCE
EXTERNAL BALANCES
EXTERNAL BORROWING
EXTERNAL FACTORS
EXTERNAL FINANCING
EXTERNAL SHOCKS
EXTERNAL TRADE
FINANCIAL CRISIS
FINANCIAL DISTRESS
FINANCIAL SECTOR
FISCAL BURDEN
FISCAL CONSTRAINTS
FISCAL DEFICIT
FISCAL POLICY
FISH
FOOD PRICE
FOOD PRICES
FOREIGN CAPITAL
FOREIGN COMPETITION
FOREIGN CURRENCY
FOREIGN DIRECT INVESTMENT
GDP
GLOBAL ECONOMY
GLOBAL MARKET
GLOBAL MARKETS
GOLD
GOVERNMENT EXPENDITURES
GOVERNMENT SUBSIDIES
GROSS DOMESTIC PRODUCT
GROWTH RATE
GROWTH RATES
GUARANTEES FOR LOANS
HUMAN CAPITAL
HUMAN CAPITAL DEVELOPMENT
HUMAN DEVELOPMENT
IMPORT
IMPORT GROWTH
IMPORTS
INCOME TAX
INEFFICIENCY
INFLATION
INFLATION RATE
INFLATION RATES
INTEREST PAYMENTS
INTEREST RATES
INTERNAL FINANCE
INTERNATIONAL DEVELOPMENT
INTERNATIONAL MARKETS
INTERNATIONAL PRICES
INTERNATIONAL RESERVES
INTERNATIONAL STANDARDS
INTERNATIONAL TRADE
INTERNATIONAL TRANSACTION
INTERNATIONAL TRANSACTIONS
INVESTMENT CHOICES
INVESTMENT CLIMATE
INVESTMENT DECISIONS
INVESTMENT PROJECTS
LEVEL OF DEBT
LEVY
LOCAL BUSINESSES
LOCAL CURRENCY
LOCAL ECONOMY
LOCAL MARKET
M3
MACROECONOMIC INDICATORS
MARKET POWER
MARKET SHARE
MARKET SIZE
MOBILE PHONE
MOBILE PHONES
MONETARY FUND
MONETARY POLICIES
MONETARY POLICY
NATIONAL ECONOMY
NATURAL ENDOWMENTS
NATURAL RESOURCE
NATURAL RESOURCES
NET EXPORTS
OIL
OIL PRICES
OPEN COUNTRY
PENSION
PENSION FUND
PENSION FUNDS
PENSION SYSTEM
PENSIONS
PER CAPITA INCOME
PER CAPITA INCOMES
POLICY MAKERS
POLITICAL ECONOMY
POPULATION GROWTH
PORTFOLIO
PORTFOLIO FLOW
POVERTY REDUCTION
PRIVATE CREDIT
PRIVATE INVESTMENT
PRIVATE SECTOR CREDIT
PRODUCERS
PRODUCTION COSTS
PUBLIC DEBT
PUBLIC DEFICIT
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC FINANCES
PUBLIC FUNDS
PUBLIC INVESTMENT
RAPID GROWTH
RATE OF GROWTH
RATE OF INFLATION
REAL GDP
RECURRENT EXPENDITURES
REGULATORY AUTHORITY
REMITTANCES
REPAYMENT
RESERVES
RETAIL PRICES
RETURN
SHORTFALL
SHORTFALLS
SLOWDOWN
SUPPLY SIDE
SUSTAINABLE DEVELOPMENT
TARIFF BARRIER
TARIFF BARRIERS
TAX
TAX RATES
TAX REVENUES
TECHNOLOGY TRANSFERS
TERMS OF TRADE
TOTAL DEPOSITS
TRADE BALANCE
TRADE BARRIERS
TRADE OPENNESS
TRADE POLICIES
TRADE SECTORS
TRANSPORTATION COSTS
TREASURY
WAGES
WEALTH
WHOLESALE PRICES
WORLD MARKETS
WORLD PRICES
spellingShingle ACCESS TO CAPITAL
ACCOUNTING
AGRICULTURAL COMMODITIES
AGRICULTURAL PRODUCTION
AGRICULTURE
ANNUAL GROWTH
ARREARS
ASYMMETRIC INFORMATION
BALANCE OF PAYMENTS
BANK POLICIES
BANKING SYSTEM
BILATERAL TRADE
BILLS
BROAD MONEY
BUFFER
CAPITAL ACCOUNT
CAPITAL FLOWS
CAPITAL GOODS
CAPITAL INFLOWS
CENTRAL BANK
CENTRAL BANK POLICIES
CLIMATIC CONDITIONS
COMMERCIAL BANKS
COMMERCIAL BORROWING
COMMODITY PRICES
COMPETITIVE EDGE
COMPETITIVENESS
CONSUMER GOODS
CONSUMER PRICE INDEX
CONSUMERS
CONSUMPTION BASKETS
CPI
CREDIT GROWTH
CREDIT GUARANTEES
CULTIVABLE LAND
CURRENCY REGULATIONS
CURRENT ACCOUNT
CURRENT ACCOUNT BALANCE
CURRENT ACCOUNT DEFICIT
CURRENT ACCOUNT IMBALANCE
DEBT
DEBT LEVEL
DEBT MANAGEMENT
DEBT POLICY
DEBT SERVICE
DEBT SUSTAINABILITY
DEBT-SERVICE
DEBTS
DEFICITS
DEPOSITS
DEVALUATION
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DISBURSEMENT
DISEQUILIBRIUM
DIVIDENDS
DOMESTIC BORROWING
DOMESTIC CONSUMPTION
DOMESTIC DEMAND
DOMESTIC ECONOMY
DOMESTIC FINANCIAL MARKETS
DOMESTIC MARKET
DOMESTIC SAVINGS
ECONOMIC ACTIVITY
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC OUTLOOK
ECONOMIC PERFORMANCE
ECONOMIC PROJECTIONS
ECONOMIC RISKS
ECONOMIC SECTORS
ECONOMIC STABILITY
ECONOMIC THEORY
ECONOMIES OF SCALE
EMERGING ECONOMIES
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATES
EXCISE TAXES
EXIT STRATEGY
EXPENDITURE
EXPLOITATION
EXPORT GROWTH
EXPORTERS
EXPORTS
EXPOSURE
EXTERNAL BALANCE
EXTERNAL BALANCES
EXTERNAL BORROWING
EXTERNAL FACTORS
EXTERNAL FINANCING
EXTERNAL SHOCKS
EXTERNAL TRADE
FINANCIAL CRISIS
FINANCIAL DISTRESS
FINANCIAL SECTOR
FISCAL BURDEN
FISCAL CONSTRAINTS
FISCAL DEFICIT
FISCAL POLICY
FISH
FOOD PRICE
FOOD PRICES
FOREIGN CAPITAL
FOREIGN COMPETITION
FOREIGN CURRENCY
FOREIGN DIRECT INVESTMENT
GDP
GLOBAL ECONOMY
GLOBAL MARKET
GLOBAL MARKETS
GOLD
GOVERNMENT EXPENDITURES
GOVERNMENT SUBSIDIES
GROSS DOMESTIC PRODUCT
GROWTH RATE
GROWTH RATES
GUARANTEES FOR LOANS
HUMAN CAPITAL
HUMAN CAPITAL DEVELOPMENT
HUMAN DEVELOPMENT
IMPORT
IMPORT GROWTH
IMPORTS
INCOME TAX
INEFFICIENCY
INFLATION
INFLATION RATE
INFLATION RATES
INTEREST PAYMENTS
INTEREST RATES
INTERNAL FINANCE
INTERNATIONAL DEVELOPMENT
INTERNATIONAL MARKETS
INTERNATIONAL PRICES
INTERNATIONAL RESERVES
INTERNATIONAL STANDARDS
INTERNATIONAL TRADE
INTERNATIONAL TRANSACTION
INTERNATIONAL TRANSACTIONS
INVESTMENT CHOICES
INVESTMENT CLIMATE
INVESTMENT DECISIONS
INVESTMENT PROJECTS
LEVEL OF DEBT
LEVY
LOCAL BUSINESSES
LOCAL CURRENCY
LOCAL ECONOMY
LOCAL MARKET
M3
MACROECONOMIC INDICATORS
MARKET POWER
MARKET SHARE
MARKET SIZE
MOBILE PHONE
MOBILE PHONES
MONETARY FUND
MONETARY POLICIES
MONETARY POLICY
NATIONAL ECONOMY
NATURAL ENDOWMENTS
NATURAL RESOURCE
NATURAL RESOURCES
NET EXPORTS
OIL
OIL PRICES
OPEN COUNTRY
PENSION
PENSION FUND
PENSION FUNDS
PENSION SYSTEM
PENSIONS
PER CAPITA INCOME
PER CAPITA INCOMES
POLICY MAKERS
POLITICAL ECONOMY
POPULATION GROWTH
PORTFOLIO
PORTFOLIO FLOW
POVERTY REDUCTION
PRIVATE CREDIT
PRIVATE INVESTMENT
PRIVATE SECTOR CREDIT
PRODUCERS
PRODUCTION COSTS
PUBLIC DEBT
PUBLIC DEFICIT
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC FINANCES
PUBLIC FUNDS
PUBLIC INVESTMENT
RAPID GROWTH
RATE OF GROWTH
RATE OF INFLATION
REAL GDP
RECURRENT EXPENDITURES
REGULATORY AUTHORITY
REMITTANCES
REPAYMENT
RESERVES
RETAIL PRICES
RETURN
SHORTFALL
SHORTFALLS
SLOWDOWN
SUPPLY SIDE
SUSTAINABLE DEVELOPMENT
TARIFF BARRIER
TARIFF BARRIERS
TAX
TAX RATES
TAX REVENUES
TECHNOLOGY TRANSFERS
TERMS OF TRADE
TOTAL DEPOSITS
TRADE BALANCE
TRADE BARRIERS
TRADE OPENNESS
TRADE POLICIES
TRADE SECTORS
TRANSPORTATION COSTS
TREASURY
WAGES
WEALTH
WHOLESALE PRICES
WORLD MARKETS
WORLD PRICES
World Bank
Tanzania Economic Update : Opening the Gates - How the Port of Dar es Salaam Can Transform Tanzania
geographic_facet Africa
Tanzania
relation Tanzania economic update; Issue no. 3
description The wide media coverage of the series as well as the interest in the blog show that the debate has been gradually moving from ministerial corridors to the public arena. This latest update foresees that the Tanzanian economy will maintain its resilience by continuing to grow at about 7 percent in the coming years. If some clouds are looming on the external and fiscal horizons, the update argues that the risks they pose should be manageable. The majority of the country s top 100 mid-size enterprises believe that 2013 will be better than 2012; and 2014 better than 2013. Nevertheless, a growing consensus today is that Tanzania needs to rely more than today on private enterprises to achieve faster and more equitable growth, as private enterprises are the ones that can provide jobs, build infrastructure, and bring new technology to the local economy. Many actions are needed on the policy front, especially to improve the business environment. Tanzania has gradually opened its economy since the early 2000s; it is also true that business coming in and going out of the country remains costly. To reduce trade costs, the priority should be to transform the Port of Dar es Salaam. An efficient port is critical because approximately 90 percent of Tanzania s international trade goes through its gates. This is a welcome development for local and regional consumers and firms that heavily depend on the performance of the port in their daily endeavors.
format Economic & Sector Work :: Economic Updates and Modeling
author World Bank
author_facet World Bank
author_sort World Bank
title Tanzania Economic Update : Opening the Gates - How the Port of Dar es Salaam Can Transform Tanzania
title_short Tanzania Economic Update : Opening the Gates - How the Port of Dar es Salaam Can Transform Tanzania
title_full Tanzania Economic Update : Opening the Gates - How the Port of Dar es Salaam Can Transform Tanzania
title_fullStr Tanzania Economic Update : Opening the Gates - How the Port of Dar es Salaam Can Transform Tanzania
title_full_unstemmed Tanzania Economic Update : Opening the Gates - How the Port of Dar es Salaam Can Transform Tanzania
title_sort tanzania economic update : opening the gates - how the port of dar es salaam can transform tanzania
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2013/05/17718467/tanzania-economic-update-opening-dates-port-dar-es-salaam-can-transform-tanzania
http://hdl.handle.net/10986/16549
_version_ 1764433988146954240
spelling okr-10986-165492021-04-23T14:03:31Z Tanzania Economic Update : Opening the Gates - How the Port of Dar es Salaam Can Transform Tanzania World Bank ACCESS TO CAPITAL ACCOUNTING AGRICULTURAL COMMODITIES AGRICULTURAL PRODUCTION AGRICULTURE ANNUAL GROWTH ARREARS ASYMMETRIC INFORMATION BALANCE OF PAYMENTS BANK POLICIES BANKING SYSTEM BILATERAL TRADE BILLS BROAD MONEY BUFFER CAPITAL ACCOUNT CAPITAL FLOWS CAPITAL GOODS CAPITAL INFLOWS CENTRAL BANK CENTRAL BANK POLICIES CLIMATIC CONDITIONS COMMERCIAL BANKS COMMERCIAL BORROWING COMMODITY PRICES COMPETITIVE EDGE COMPETITIVENESS CONSUMER GOODS CONSUMER PRICE INDEX CONSUMERS CONSUMPTION BASKETS CPI CREDIT GROWTH CREDIT GUARANTEES CULTIVABLE LAND CURRENCY REGULATIONS CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT IMBALANCE DEBT DEBT LEVEL DEBT MANAGEMENT DEBT POLICY DEBT SERVICE DEBT SUSTAINABILITY DEBT-SERVICE DEBTS DEFICITS DEPOSITS DEVALUATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT BANK DISBURSEMENT DISEQUILIBRIUM DIVIDENDS DOMESTIC BORROWING DOMESTIC CONSUMPTION DOMESTIC DEMAND DOMESTIC ECONOMY DOMESTIC FINANCIAL MARKETS DOMESTIC MARKET DOMESTIC SAVINGS ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC PERFORMANCE ECONOMIC PROJECTIONS ECONOMIC RISKS ECONOMIC SECTORS ECONOMIC STABILITY ECONOMIC THEORY ECONOMIES OF SCALE EMERGING ECONOMIES EQUIPMENT EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXIT STRATEGY EXPENDITURE EXPLOITATION EXPORT GROWTH EXPORTERS EXPORTS EXPOSURE EXTERNAL BALANCE EXTERNAL BALANCES EXTERNAL BORROWING EXTERNAL FACTORS EXTERNAL FINANCING EXTERNAL SHOCKS EXTERNAL TRADE FINANCIAL CRISIS FINANCIAL DISTRESS FINANCIAL SECTOR FISCAL BURDEN FISCAL CONSTRAINTS FISCAL DEFICIT FISCAL POLICY FISH FOOD PRICE FOOD PRICES FOREIGN CAPITAL FOREIGN COMPETITION FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT GDP GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETS GOLD GOVERNMENT EXPENDITURES GOVERNMENT SUBSIDIES GROSS DOMESTIC PRODUCT GROWTH RATE GROWTH RATES GUARANTEES FOR LOANS HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT IMPORT IMPORT GROWTH IMPORTS INCOME TAX INEFFICIENCY INFLATION INFLATION RATE INFLATION RATES INTEREST PAYMENTS INTEREST RATES INTERNAL FINANCE INTERNATIONAL DEVELOPMENT INTERNATIONAL MARKETS INTERNATIONAL PRICES INTERNATIONAL RESERVES INTERNATIONAL STANDARDS INTERNATIONAL TRADE INTERNATIONAL TRANSACTION INTERNATIONAL TRANSACTIONS INVESTMENT CHOICES INVESTMENT CLIMATE INVESTMENT DECISIONS INVESTMENT PROJECTS LEVEL OF DEBT LEVY LOCAL BUSINESSES LOCAL CURRENCY LOCAL ECONOMY LOCAL MARKET M3 MACROECONOMIC INDICATORS MARKET POWER MARKET SHARE MARKET SIZE MOBILE PHONE MOBILE PHONES MONETARY FUND MONETARY POLICIES MONETARY POLICY NATIONAL ECONOMY NATURAL ENDOWMENTS NATURAL RESOURCE NATURAL RESOURCES NET EXPORTS OIL OIL PRICES OPEN COUNTRY PENSION PENSION FUND PENSION FUNDS PENSION SYSTEM PENSIONS PER CAPITA INCOME PER CAPITA INCOMES POLICY MAKERS POLITICAL ECONOMY POPULATION GROWTH PORTFOLIO PORTFOLIO FLOW POVERTY REDUCTION PRIVATE CREDIT PRIVATE INVESTMENT PRIVATE SECTOR CREDIT PRODUCERS PRODUCTION COSTS PUBLIC DEBT PUBLIC DEFICIT PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC FINANCES PUBLIC FUNDS PUBLIC INVESTMENT RAPID GROWTH RATE OF GROWTH RATE OF INFLATION REAL GDP RECURRENT EXPENDITURES REGULATORY AUTHORITY REMITTANCES REPAYMENT RESERVES RETAIL PRICES RETURN SHORTFALL SHORTFALLS SLOWDOWN SUPPLY SIDE SUSTAINABLE DEVELOPMENT TARIFF BARRIER TARIFF BARRIERS TAX TAX RATES TAX REVENUES TECHNOLOGY TRANSFERS TERMS OF TRADE TOTAL DEPOSITS TRADE BALANCE TRADE BARRIERS TRADE OPENNESS TRADE POLICIES TRADE SECTORS TRANSPORTATION COSTS TREASURY WAGES WEALTH WHOLESALE PRICES WORLD MARKETS WORLD PRICES The wide media coverage of the series as well as the interest in the blog show that the debate has been gradually moving from ministerial corridors to the public arena. This latest update foresees that the Tanzanian economy will maintain its resilience by continuing to grow at about 7 percent in the coming years. If some clouds are looming on the external and fiscal horizons, the update argues that the risks they pose should be manageable. The majority of the country s top 100 mid-size enterprises believe that 2013 will be better than 2012; and 2014 better than 2013. Nevertheless, a growing consensus today is that Tanzania needs to rely more than today on private enterprises to achieve faster and more equitable growth, as private enterprises are the ones that can provide jobs, build infrastructure, and bring new technology to the local economy. Many actions are needed on the policy front, especially to improve the business environment. Tanzania has gradually opened its economy since the early 2000s; it is also true that business coming in and going out of the country remains costly. To reduce trade costs, the priority should be to transform the Port of Dar es Salaam. An efficient port is critical because approximately 90 percent of Tanzania s international trade goes through its gates. This is a welcome development for local and regional consumers and firms that heavily depend on the performance of the port in their daily endeavors. 2014-01-09T22:53:17Z 2014-01-09T22:53:17Z 2013-05 http://documents.worldbank.org/curated/en/2013/05/17718467/tanzania-economic-update-opening-dates-port-dar-es-salaam-can-transform-tanzania http://hdl.handle.net/10986/16549 English en_US Tanzania economic update; Issue no. 3 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Tanzania